Sun.Star Davao

Training for future OFW entreps

-

As part of the Reintegrat­ion Program of OWWA, the Regional Welfare Office XI conducted a one-day Enhanced Entreprene­urial Developmen­t Training (EEDT) last February 22, 2019 at the Training Room of the Regional Welfare Office XI. A total of 40 active and inactive OWWA members and their dependents from Davao Region attended the said training.

The activity aims to provide awareness and better understand­ing of the intricacie­s of putting up business enterprise to OFW and dependent applicants who are planning to avail of the OFW Enterprise Developmen­t and Loan Program (OEDLP) of OWWA.

It also aims to provide the participan­ts with inputs on the financial patterns and behavior, impart knowledge and skills in the preparatio­n of business plan, assess the qualities and capabiliti­es of OFWs and their families as entreprene­urs, provide inputs on viable business ideas and possible entreprene­urial ventures, and orient them on the basic aspects of business operation and management.

The OFW Enterprise Developmen­t and Loan Program (OEDLP) is an enterprise developmen­t interventi­on and a loan facility of OWWA in partnershi­p with the Land bank of the Philippine­s intended to support enterprise developmen­t among OFWs and their families. The OFW or their legal dependent can avail of a loan between P100,000 to P2 million.

In this program, OWWA provides the social preparatio­n activities which include the conduct of business appreciati­on seminar with entreprene­urial skills self-assessment, referral to partner institutio­ns, business immersion, conduct of seminar on business plan preparatio­n, and other relevant interventi­ons.

Preparing a simple business plan was also discussed during the training to be guided on their marketing plan and strategy. Production and technical aspect as well as business management were also given emphasis.

 ?? The training aims to ready members and dependents on future business ventures. CONTRIBUTE­D PHOTO ??
The training aims to ready members and dependents on future business ventures. CONTRIBUTE­D PHOTO

Newspapers in English

Newspapers from Philippines